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Decision in $1 billion lawsuit shows contracts will be interpreted to ‘mean what they say’: lawyer

Thursday, June 28, 2018 @ 11:28 AM | By Ian Burns

Despite its complexity involving a multitude of contracts, the science involved in making chemical compounds and a judgment of over $1 billion, the lawyer for a company in a case involving the operation of an ethylene plant in Alberta says ultimately the principles of contract interpretation that were applied are ones that are very familiar and straightforward.

The case involved a conflict over an ethylene plant, known as a “cracker,” in Joffre, Alta. The plant takes ethane, a liquid extracted from natural gas, and then heats...